The Daily Stat: Corporate Fraud Loves Company

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile APRIL 4, 2013 Corporate Fraud Loves Company Companies where the top four executives are appointees of the current CEO are about 35% more likely to engage in fraud—and about 20% less likely to get caught—than firms in which none of the top four are the present CEO's hires, says a team led by Vikramaditya S. Khanna of the University of Michigan law school. It takes teamwork to commit fraud and keep it hidden, the researchers suggest. Source: CEOs with Close Ties to Top Executives More Likely to Commit Fraud Share Today's Stat: FEATURED PRODUCT HBR's 10 Must Reads on Innovation (with featured article "The Discipline of Innovation," by Peter F. Drucker) EBook Now Available To innovate profitably, you need more than just creativity. Do you have what it takes? If you read nothing else on inspiring and executing innovation, read these 10 articles. We've combed through hundreds of articles in the Harvard Business Review archive and selected the most important ones to help you innovate effectively. Leading experts such as Clayton Christensen, Peter Drucker, and Rosabeth Moss Kanter provide the insights and advice you need to: (1) Decide which ideas are worth pursuing, (2) Innovate through the front lines—not just from the top, (3) Adapt innovations from the developing world to wealthier markets, (4) Tweak new ventures along the way using discovery-driven planning, (5) Tailor your efforts to meet customers' most pressing needs, and (6) Avoid classic pitfalls such as stifling innovation with rigid processes. ADVERTISEMENT Follow the Stat: BEST SELLERS HBR's 10 Must Reads: The Essentials HBR's 10 Must Reads Boxed Set HBR Guide to Persuasive Presentations HBR Guide to Better Business Writing HBR Guide to Getting the Right Work Done PREVIOUS STATS Prices with More Syllables Seem Bigger to Consumers Market Forces Make the U.S. a World Leader in CO2 Reduction For Greater Happiness, Spend Less Time Working and Commuting How a Federal Tax Gave Us Bebop A Vicious Cycle: Cuts in News Coverage Alienate Readers Many High School Grads Say "No, Thanks" to More-Selective Colleges The New Baseball Manager's Job Is to Reverse the Previous Guy's Bad Choices Startups with Female Directors Have Better Chance of Survival Higher Levels of Social Capital Lead to Fewer Traffic Fatalities Just Think of All That Product Placement, Going to Waste Introducing Mobile ManageMentor Powered by the proven content of Harvard ManageMentor™ iTunes >> Android >> UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. OPT OUT If you do not wish to receive any email messages from Harvard Business Review, click here. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2013 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)